New Issue: Deutsche Bank prices $6.96 million contingent return optimization notes on Euro Stoxx

By Toni Weeks

San Luis Obispo, Calif., Feb. 28 - Deutsche Bank AG, London Branch priced $6.96 million of 0% contingent return optimization securities due Aug. 31, 2015 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the 75% trigger level, the payout at maturity will be par of $10 plus the greater of the 12% contingent return and the index return, up to a maximum return of 47%.

Otherwise, investors will be fully exposed to losses from the initial index level.

UBS Financial Services Inc. and Deutsche Bank Securities are the agents.

Issuer:	Deutsche Bank AG, London Branch
Issue:	Contingent return optimization securities
Underlying index:	Euro Stoxx 50
Amount:	$6,957,690
Maturity:	Aug. 31, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If final level is at or above trigger level, par plus greater of index return and 12%, return capped at 47%; if final level is below trigger level, full exposure to decline from initial level
Initial level:	2,570.52
Trigger level:	1,927.89, 75% of initial level
Pricing date:	Feb. 26
Settlement date:	Feb. 28
Agents:	UBS Financial Services Inc. and Deutsche Bank Securities
Fees:	2.25%
Cusip:	25154S315

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